08/08/2014 - National Credit Union Administration

WHAT WE DO:The National Credit Union Administration (NCUA) is the independent federal agency that regulates, charters and supervises federal credit unions. With the backing of the full faith and credit of the U.S. Government, NCUA operates and manages the National Credit Union Share Insurance Fund (NCUSIF), insuring the deposits of more than 95 million account holders in all federal credit unions and the overwhelming majority of state-chartered credit unions.

WHAT WE OFFER:

MyCreditUnion.gov is the NCUA official financial consumer protection website. This free consumer website, and its financial literacy microsite Pocket Cents, offers a variety of educational information and personal finance articles designed to help individuals make smarter financial decisions. The website also explains how credit unions work, where to find a credit union to join, and even how to start a credit union.

Pocket Cents features the interactive personal finance game called “Hit the Road.” This game is a fun and interactive platform for teaching young people money management skills in the classroom and at home. “Hit the Road” takes students on a virtual road trip where they encounter challenges, learn how to save, and spend money wisely along the way. Pocket Cents also has a Foreign Currency Map where users of all ages can explore the currencies of the world through an interactive map.

NCUA Consumer Report is a video series designed to engage and empower consumers to make better financial decisions. Topics include wealth building, how your savings are insured, and a tutorial on how to use MyCreditUnion.gov to find answers to financial questions. The videos are available through MyCreditUnion.gov and the NCUA official YouTube channel.

The NCUA official consumer Twitter feed @MyCUgov features daily personal finance information designed to help individuals make better choices with their money.

WHAT WE NEED:PARTNERSHIPSTo promote the financial well-being of credit union members and consumers nationwide, NCUA encourages credit unions, their member-owners, consumers, non-profits, local governments, and others to share and use the NCUA free financial literacy resources through MyCreditUnion.gov.

Visit MyCreditUnion.gov to learn more about the NCUA financial literacy resources or contact the NCUA Office of Consumer Protection at Turn on JavaScript!.

WHAT’S NEW:Launched in 2014, the redesigned tools and resources section of MyCreditUnion.gov is a one-stop shop for access to brochures, lesson plans, online calculators, budgeting worksheets, videos, games, and activities. Visit the new page at MyCreditUnion.gov.

View NCUA’s webinar “Financial Literacy: Putting Your Mission Into Action” to see an overview of NCUA’s financial literacy resources and also, how credit unions partner with schools and local community organizations to provide financial literacy and education. Take ideas back to your local credit union and to see if it is possible to start a financial literacy program or augment an existing program.